Money managers under the microscope
Hedge fund stories from the past 24 hours from Reuters and elsewhere:
Hedge funds are winners from recession- Democrat and Chronicle
AIMA offers revised hedge fund administrator guide- Finalternatives
So Odey Asset Management isn’t going to be leaving the UK after all.
Nevertheless, the Sunday Times interview with Crispin Odey reflects the frustration many in the hedge fund industry feel from a combination of higher taxes and what they perceive as the UK’s failure to protect them from tougher EU rules, driven by the French and Germans.